Intel's stock (INTC) fell in the intraday levels, recording a loss of 2.46% in the last session, or 1.29 points, as the stock tries to gather momentum to help it rise anew, amid positive pressure from the 50-day SMA, with the dominance of the main upward short-term trend, coupled with positive signals from the RSI.
Therefore we expect the stock to return higher, provided it settles back above 50.85, targeting the resistance of 53.78.
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Micron Technology's stock (MU) fell in the intraday levels, recording a loss of 5.69% in the last session, or 3.16 points, as the stock seeks a bottom to bounce it higher anew, amid positive pressure from the 50-day SMA, with the dominance of the main upward trend in the medium and short terms, while the RSI reached extremely oversold levels compared to the stock's movements.
MoreMasterCard's stock (MA) fell in the intraday levels, registering a loss of 2.62%, or 4.65 points, amid the dominance of the main upward trend in the medium and short terms, while the RSI reached extremely oversold levels compared to the stock's movements, leaning thereafter on the support of 50-day SMA.
MoreAmazon's stock (AMZN) tumbled in the intraday levels, registering a loss of 3.78% in the last session, or 58.81 points, and trespassing the support of the 50-day SMA, exposing to negative pressure, while also piercing the support of 1498.00, embarking on a descending correctional journey that could take some time.
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